Military expenditure (current USD), per unit of GDP in Montenegro
Montenegro: Military expenditure (current USD), per unit of GDP was 0.0181 current USD per US$ of GDP in 2024. ▼ Falling
Military expenditure (current USD), per unit of GDP in Montenegro, 2005–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Montenegro recorded 0.0181 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024.
Compared with earlier readings it is up 21.3% on the previous year and up 22.9% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Montenegro peaked at 0.0269 current USD per US$ of GDP in 2005 and was at its lowest, 0.0135 current USD per US$ of GDP, in 2019.
Montenegro ranks 76th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Military expenditure (current USD), per unit of GDP in Montenegro, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.0269 current USD per US$ of GDP | — |
| 2006 | 0.0229 current USD per US$ of GDP | -14.9% |
| 2007 | 0.0174 current USD per US$ of GDP | -24.0% |
| 2008 | 0.0187 current USD per US$ of GDP | +7.1% |
| 2009 | 0.0184 current USD per US$ of GDP | -1.2% |
| 2010 | 0.0182 current USD per US$ of GDP | -1.5% |
| 2011 | 0.0176 current USD per US$ of GDP | -3.0% |
| 2012 | 0.0166 current USD per US$ of GDP | -5.6% |
| 2013 | 0.0147 current USD per US$ of GDP | -11.8% |
| 2014 | 0.0147 current USD per US$ of GDP | +0.6% |
| 2015 | 0.0142 current USD per US$ of GDP | -3.8% |
| 2016 | 0.0142 current USD per US$ of GDP | -0.2% |
| 2017 | 0.0137 current USD per US$ of GDP | -3.4% |
| 2018 | 0.0139 current USD per US$ of GDP | +1.4% |
| 2019 | 0.0135 current USD per US$ of GDP | -2.8% |
| 2020 | 0.0175 current USD per US$ of GDP | +29.9% |
| 2021 | 0.0157 current USD per US$ of GDP | -10.6% |
| 2022 | 0.0157 current USD per US$ of GDP | +0.0% |
| 2023 | 0.0149 current USD per US$ of GDP | -4.5% |
| 2024 | 0.0181 current USD per US$ of GDP | +21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0209 current USD per US$ of GDP | 0.0174 current USD per US$ of GDP | 0.0269 current USD per US$ of GDP | 5 |
| 2010s | 0.0151 current USD per US$ of GDP | 0.0135 current USD per US$ of GDP | 0.0182 current USD per US$ of GDP | 10 |
| 2020s | 0.0164 current USD per US$ of GDP | 0.0149 current USD per US$ of GDP | 0.0181 current USD per US$ of GDP | 5 |
Countries ranked near Montenegro
- 73 Czechia 0.0188 current USD per US$ of GDP compare
- 74 Turkey 0.0184 current USD per US$ of GDP compare
- 75 Togo 0.0184 current USD per US$ of GDP compare
- 77 Georgia 0.018 current USD per US$ of GDP compare
- 78 Vietnam 0.0177 current USD per US$ of GDP compare
- 79 Croatia 0.0175 current USD per US$ of GDP compare
More public sector data for Montenegro
- Arms imports 5.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 8.02 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 240.62 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 31.31 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 150.03 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 148.7 SIPRI trend indicator values per square kilometre (2022)
- Military expenditure (current USD), per square kilometre 8,495 current USD per square kilometre (2023)
- Capital stock, General government, Current prices, Domestic currency 3.14 (2019)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Montenegro?
- Military expenditure (current usd), per unit of gdp in Montenegro was 0.0181 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Montenegro?
- The highest recorded value was 0.0269 current USD per US$ of GDP in 2005.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Montenegro?
- The lowest recorded value was 0.0135 current USD per US$ of GDP in 2019.
- How does Montenegro rank for military expenditure (current usd), per unit of gdp?
- Montenegro ranks 76th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Montenegro?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.